Jash Operating Income vs Reconciled Depreciation Analysis

JASH Stock

597.95 5.75 0.95%

Jash Engineering financial indicator trend analysis is infinitely more than just investigating Jash Engineering recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jash Engineering is a good investment. Please check the relationship between Jash Engineering Operating Income and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jash Engineering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jash Engineering Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jash Engineering's Operating Income and Reconciled Depreciation is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Jash Engineering Limited, assuming nothing else is changed. The correlation between historical values of Jash Engineering's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Jash Engineering Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Jash Engineering's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

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Operating Income

Operating Income is the amount of profit realized from Jash Engineering operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Jash Engineering Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

Most indicators from Jash Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jash Engineering current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jash Engineering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 992.4 M in 2024. Tax Provision is likely to gain to about 172.8 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	86.1M	99.3M	110.3M	72.4M
Depreciation And Amortization	96.9M	106.5M	107.7M	72.6M

Interest Expense Depreciation And Amortization

Jash Engineering fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.74	0.59	0.85	0.99	0.87	0.67	0.67	0.99	0.8	0.81	0.87	0.89	0.87	0.83	0.64	0.46	0.89	0.46	0.99	0.57	0.78	0.85	1.0	0.71	0.29
Short Long Term Debt Total	0.74		0.57	0.9	0.66	0.86	0.28	0.98	0.66	0.9	0.28	0.89	0.56	0.37	0.91	0.84	0.17	0.4	0.66	0.67	0.62	0.66	0.92	0.72	0.96	0.51
Other Current Liab	0.59	0.57		0.67	0.57	0.68	-0.03	0.54	0.64	0.59	0.22	0.66	0.7	0.3	0.74	0.54	0.33	0.33	0.39	0.55	0.7	0.52	0.67	0.59	0.56	0.15
Total Current Liabilities	0.85	0.9	0.67		0.81	0.97	0.45	0.83	0.82	0.94	0.49	0.98	0.75	0.58	0.98	0.75	0.31	0.61	0.47	0.81	0.64	0.87	1.0	0.84	0.9	0.33
Total Stockholder Equity	0.99	0.66	0.57	0.81		0.83	0.7	0.58	0.99	0.74	0.85	0.83	0.9	0.92	0.78	0.57	0.48	0.93	0.4	1.0	0.54	0.78	0.8	1.0	0.63	0.23
Property Plant And Equipment Net	0.87	0.86	0.68	0.97	0.83		0.42	0.8	0.84	0.88	0.51	0.97	0.77	0.61	0.97	0.65	0.38	0.65	0.47	0.83	0.65	0.88	0.97	0.86	0.86	0.22
Current Deferred Revenue	0.67	0.28	-0.03	0.45	0.7	0.42		0.19	0.67	0.39	0.82	0.44	0.62	0.84	0.36	0.23	0.35	0.83	-0.06	0.72	-0.13	0.51	0.42	0.68	0.31	0.04
Net Debt	0.67	0.98	0.54	0.83	0.58	0.8	0.19		0.58	0.85	0.16	0.82	0.5	0.26	0.86	0.79	0.17	0.3	0.64	0.59	0.62	0.6	0.86	0.64	0.96	0.46
Retained Earnings	0.99	0.66	0.64	0.82	0.99	0.84	0.67	0.58		0.74	0.83	0.84	0.93	0.89	0.8	0.59	0.47	0.9	0.41	0.99	0.56	0.76	0.82	0.99	0.63	0.25
Accounts Payable	0.8	0.9	0.59	0.94	0.74	0.88	0.39	0.85	0.74		0.4	0.94	0.69	0.49	0.92	0.78	0.13	0.51	0.52	0.74	0.7	0.8	0.95	0.78	0.88	0.41
Cash	0.81	0.28	0.22	0.49	0.85	0.51	0.82	0.16	0.83	0.4		0.54	0.7	0.98	0.41	0.35	0.36	0.96	0.23	0.85	0.21	0.54	0.49	0.82	0.21	0.19
Non Current Assets Total	0.87	0.89	0.66	0.98	0.83	0.97	0.44	0.82	0.84	0.94	0.54		0.74	0.61	0.96	0.79	0.22	0.64	0.59	0.82	0.68	0.86	0.99	0.86	0.85	0.37
Non Currrent Assets Other	0.89	0.56	0.7	0.75	0.9	0.77	0.62	0.5	0.93	0.69	0.7	0.74		0.77	0.77	0.44	0.5	0.79	0.23	0.88	0.52	0.7	0.73	0.9	0.59	0.11
Cash And Short Term Investments	0.87	0.37	0.3	0.58	0.92	0.61	0.84	0.26	0.89	0.49	0.98	0.61	0.77		0.51	0.34	0.45	1.0	0.2	0.92	0.26	0.66	0.57	0.88	0.34	0.1
Net Receivables	0.83	0.91	0.74	0.98	0.78	0.97	0.36	0.86	0.8	0.92	0.41	0.96	0.77	0.51		0.75	0.35	0.54	0.47	0.77	0.64	0.81	0.98	0.82	0.91	0.33
Good Will	0.64	0.84	0.54	0.75	0.57	0.65	0.23	0.79	0.59	0.78	0.35	0.79	0.44	0.34	0.75		-0.02	0.34	0.77	0.58	0.57	0.46	0.79	0.62	0.72	0.7
Common Stock Shares Outstanding	0.46	0.17	0.33	0.31	0.48	0.38	0.35	0.17	0.47	0.13	0.36	0.22	0.5	0.45	0.35	-0.02		0.48	-0.28	0.49	0.15	0.33	0.27	0.48	0.32	-0.26
Short Term Investments	0.89	0.4	0.33	0.61	0.93	0.65	0.83	0.3	0.9	0.51	0.96	0.64	0.79	1.0	0.54	0.34	0.48		0.19	0.93	0.28	0.7	0.6	0.9	0.38	0.07
Non Current Liabilities Total	0.46	0.66	0.39	0.47	0.4	0.47	-0.06	0.64	0.41	0.52	0.23	0.59	0.23	0.2	0.47	0.77	-0.28	0.19		0.39	0.67	0.28	0.55	0.43	0.45	0.63
Inventory	0.99	0.67	0.55	0.81	1.0	0.83	0.72	0.59	0.99	0.74	0.85	0.82	0.88	0.92	0.77	0.58	0.49	0.93	0.39		0.52	0.78	0.81	0.99	0.65	0.24
Other Current Assets	0.57	0.62	0.7	0.64	0.54	0.65	-0.13	0.62	0.56	0.7	0.21	0.68	0.52	0.26	0.64	0.57	0.15	0.28	0.67	0.52		0.57	0.67	0.56	0.54	0.3
Other Stockholder Equity	0.78	0.66	0.52	0.87	0.78	0.88	0.51	0.6	0.76	0.8	0.54	0.86	0.7	0.66	0.81	0.46	0.33	0.7	0.28	0.78	0.57		0.85	0.78	0.69	0.08
Total Liab	0.85	0.92	0.67	1.0	0.8	0.97	0.42	0.86	0.82	0.95	0.49	0.99	0.73	0.57	0.98	0.79	0.27	0.6	0.55	0.81	0.67	0.85		0.84	0.9	0.38
Total Current Assets	1.0	0.72	0.59	0.84	1.0	0.86	0.68	0.64	0.99	0.78	0.82	0.86	0.9	0.88	0.82	0.62	0.48	0.9	0.43	0.99	0.56	0.78	0.84		0.7	0.27
Short Term Debt	0.71	0.96	0.56	0.9	0.63	0.86	0.31	0.96	0.63	0.88	0.21	0.85	0.59	0.34	0.91	0.72	0.32	0.38	0.45	0.65	0.54	0.69	0.9	0.7		0.32
Intangible Assets	0.29	0.51	0.15	0.33	0.23	0.22	0.04	0.46	0.25	0.41	0.19	0.37	0.11	0.1	0.33	0.7	-0.26	0.07	0.63	0.24	0.3	0.08	0.38	0.27	0.32

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Jash Engineering Account Relationship Matchups

Jash Engineering fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.2B	3.7B	4.5B	6.0B	6.3B
Short Long Term Debt Total	837.0M	719.8M	819.8M	818.8M	800.8M	670.1M
Other Current Liab	27.6M	364.9M	356.4M	620.4M	241.1M	185.2M
Total Current Liabilities	1.4B	1.3B	1.6B	1.9B	2.3B	1.3B
Total Stockholder Equity	1.3B	1.6B	1.9B	2.4B	3.5B	3.7B
Property Plant And Equipment Net	777.5M	784.4M	821.5M	896.3M	1.0B	751.6M
Current Deferred Revenue	264.5M	(476.7M)	99.7M	147.7M	749.0M	786.4M
Net Debt	806.1M	681.2M	782.2M	730.0M	646.5M	600.2M
Retained Earnings	567.8M	858.4M	1.1B	1.6B	2.1B	2.2B
Accounts Payable	402.0M	454.2M	590.5M	587.9M	695.6M	467.9M
Cash	30.9M	38.6M	37.6M	88.7M	310.4M	325.9M
Non Current Assets Total	1.1B	1.1B	1.2B	1.3B	1.6B	1.1B
Non Currrent Assets Other	53K	39.0M	276.3M	289.4M	301.8M	316.9M
Cash And Short Term Investments	79.0M	54.2M	37.7M	339.9M	1.0B	1.1B
Net Receivables	1.1B	981.3M	1.3B	1.6B	1.6B	916.6M
Good Will	204.4M	210.2M	207.5M	217.0M	218.2M	189.0M
Short Term Investments	48.1M	15.6M	90K	251.1M	697.4M	732.2M
Liabilities And Stockholders Equity	2.8B	3.2B	3.7B	4.5B	6.0B	6.3B
Non Current Liabilities Total	230.1M	304.4M	225.8M	181.0M	215.0M	215.4M
Inventory	611.0M	714.1M	764.4M	1.1B	1.6B	1.7B
Other Current Assets	4.7M	331.8M	245.7M	167.9M	208.1M	130.8M
Total Liab	1.6B	1.6B	1.8B	2.1B	2.5B	1.5B
Total Current Assets	1.8B	2.0B	2.5B	3.2B	4.4B	4.6B
Accumulated Other Comprehensive Income	117.1M	135.1M	155.3M	227.3M	318.2M	334.1M
Short Term Debt	667.9M	476.8M	651.5M	682.0M	616.8M	490.7M
Intangible Assets	90.0M	99.4M	95.8M	83.3M	66.8M	89.6M
Other Liab	46.4M	61.0M	61.3M	57.5M	66.2M	61.3M
Net Tangible Assets	806.9M	960.4M	1.3B	1.6B	1.8B	1.0B
Other Assets	22.2M	28.5M	68.7M	115.6M	133.0M	139.6M
Long Term Debt	93.9M	243.1M	117.0M	87.5M	120.6M	110.5M
Long Term Debt Total	169.1M	243.1M	168.3M	136.8M	157.3M	185.9M
Short Long Term Debt	662.4M	466.5M	639.1M	667.7M	599.2M	544.0M
Property Plant Equipment	777.5M	784.4M	821.5M	896.3M	1.0B	775.4M
Non Current Liabilities Other	1.2M	1K	11.7M	10.7M	9.5M	5.5M
Net Invested Capital	2.0B	2.2B	2.6B	3.1B	4.2B	2.8B
Net Working Capital	393.2M	745.3M	899.0M	1.2B	2.1B	2.2B

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Jash Operating Income vs Reconciled Depreciation Analysis

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Operating Income

Reconciled Depreciation

Jash Engineering fundamental ratios Correlations

Jash Engineering Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jash Engineering fundamental ratios Accounts

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Additional Tools for Jash Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Short Term Investments	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets

Non Current Liabilities Total	- 0.28	Common Stock Shares Outstanding
Intangible Assets	- 0.26	Common Stock Shares Outstanding
Other Current Assets	- 0.13	Current Deferred Revenue
Non Current Liabilities Total	- 0.06	Current Deferred Revenue
Current Deferred Revenue	- 0.03	Other Current Liab
Common Stock Shares Outstanding	- 0.02	Good Will